VSNL to list on NYSE on Aug 15
Videsh Sanchar Nigam Ltd has decided to list its American Depository Receipts (ADRs) on August 15 at the New York Stock Exchange. The state-run VSNL is the first public sector undertaking (PSU) in the country to list its shares on the American bourse.

Sebi exempts Glaxo SmithKline from public offer
Securities and Exchange Board of India (Sebi) has granted exemption to Glaxo SmithKline Plc from making a public offer for the transfer of control from "single to joint".

GSFC plans Rs 50cr bond issue to ease debt burden
Gujarat State Financial Corporation (GSFC), which achieved a record recovery of Rs 475.69 crore during the financial year ended March 31, 2000, over 6.78 per cent higher than the preceding year's Rs 445.46 crore, proposed to issue a Bond Issue of Rs 50 crore.


  Net Axis, Opto Circuits line up premium IPO; Microcity plans par issue
  Virichi Consultants Ltd offers 30 lakh shares at a premium of Rs 9
  Lagardere share plunges 6.94%
  Foreign markets
  ACC -- A good buy at current levels
  Cadbury -- Sweet profits, rising stock
  Market briefing


Click Here for Market Indicator Tables
- Top Gainers/Losers of the day
- New Highs/Lows achieved during the day